RE: The Equivalent Of Cyprus Gold Reserves Have Ju i just dont see the point here ....they knew about the mining accident before the snap in gold prices , everyone admits the cyprus thing has virtually no bearing on price...yes there are folks buying but they are buying at a 15 % discount ...no wonder they are lined up....but none of that TELLS that gold will recover to even 1500 or 1600 ...no evidence whatsoever.....theguys that killed this market a week ago could very well attack again,especially if there is a deflationary agrument to bbe mad as all the commodities will be purchased and available in the future at lower prices.....wow sure smeels like another short attack......there is absolutely no evidence that the price of gold could go down to 1230 -1275 or even 1050 range.....it may be just a slow sucking sound over the next year or two.........if the qe programs around the world have not created inflation, added many new jobs , created a weak environment for a weak us dollar ( since the euro sucks huge ).....I mean at the end where is the catalyst to truly turn this ship around into a uptrend channel, not what looks like now which is the opposite!!HELP